Tag Archives: CEO

HCL Tech CEO C. Vijayakumar earned a total salary of $3.46 million in the 2023 fiscal, the lowest among the top five IT companies in India.

In contrast, last year Vijayakumar was the highest-paid, having earned Rs 130 crore ($16.52 million).

Salary components

The total amount includes a base salary of $2 million, a performance-linked bonus of $1.43 million, and benefits, perquisites, and allowances worth $0.03 million.

This is nearly 80% less than the $16.5 million, or about Rs 130 crore, he earned in FY22.

Long-term incentives

According to the company’s annual report, the pay decline had to do with the absence of long-term incentives, or LTI which are payable every two years on “achievement of milestones or parameters decided by the board”.

Last fiscal, Vijayakumar earned…

iQOO has started the promotion cycle for the iQOO Z7 Pro 5G in India, with CEO Nipun Marya sharing a teaser of the design.

“On to the next ‘curve’ of Questing”, he wrote.

The image he shared on Twitter reveals a curved display and very slim side bezels. 

The company is yet to share any official dates for the launch of the smartphone.

iQOO Z7 5G

The previous entry in the Z7 Series, Z7, was launched in March. 

According to the company it became the highest selling smartphone on the first day of sale in the Rs 15-20K price segment.

It is priced at Rs 18,999 for the 6GB+128GB variant and Rs 19,999 for the 8GB + 128GB variant.

It is powered by the MediaTek Dimensity 920 5G Processor.

A USP is that it comes with India’s first 64MP OIS (Optical Image Stabilisation) Ultra-Stable…

Founder and CEO of e-commerce firm Dukaan, Suumit Shah has been facing the ire of people on social media after he shared that his company has replaced 90% of its customer care staff with an artificial intelligence (AI) chatbot.

Dukaan is a DIY platform that allows merchants with zero programming experience to set up their own e-commerce store.

Criticism

Social media users criticized him for his harsh decision and his lack of empathy.

A Twitter user slammed the manner in which he announced the news of the layoffs: 

“He is talking about laying off people with the same glee that a kid has after getting a double scoop of ice cream.”

Another pointed out the implications of AI replacing human employees:

“What about AI’s replacing businesses itself? We will soon live in the era of…

Guardz secures and insures small and mid-sized businesses to create a safer digital world. Our cost effective , all-in-one platform is built for companies with low IT proficiency, as well as MSPs, that cannot afford to pay for, or are not equipped to manage, complicated and expensive platforms built for larger enterprises.

The holistic solution protects businesses across all of their most vulnerable attack surfaces, with easy onboarding and ongoing support, and renders them eligible for cyber insurance, which we also provide.

How did you come up with the idea for the company?

In my previous role before founding Guardz, I became very aware of the rise in Attack-as-a-Service tools being sold on the Dark Web and the growing number of criminals weaponizing these tools…